No for Kapanen. A team can offer him more term and money than that and only give up a second. Up to 4x5.

Who said he signs this deal after July 1st?

That doesn't mean anything ?

Kapanen isn't worth $4M a season on a long term deal yet. Also, you've gotta consider if Kapanen would sign an offer sheet. Or if he'd prefer to take a little less and short term, win now on a Leafs team that can compete. Then in a few years cash in big. Realistically, on a 2 year deal he'll be between $2.75-$3.25M so the value is good. People seem to forget that it's his first full season in the league. Teams don't commit big money and term to players that prove it once in their first season.

You have 1 Million in cap space with a 20 man roster. Plus Kapanen will get much more. The kid is flying.

Lol what depth d are you getting for 750k? Cmon man.